12-08-2014, 02:52 PM
I'd urge you to look at payout ratios of companies and their dividend streaks individually.
Personally, I'm relatively comfortable that XOM won't cut their dividend (my only oil stock out of a small portfolio) With a 33% payout ratio and a 30ish year streak.. I'm confident.
If they cut their dividend, I'd be inclined to sell.
Personally, I'm relatively comfortable that XOM won't cut their dividend (my only oil stock out of a small portfolio) With a 33% payout ratio and a 30ish year streak.. I'm confident.
If they cut their dividend, I'd be inclined to sell.